Syon Capital LLC Buys 121 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Syon Capital LLC raised its stake in shares of The Travelers Companies, Inc. (NYSE:TRV) by 4.6% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,750 shares of the insurance provider’s stock after purchasing an additional 121 shares during the period. Syon Capital LLC’s holdings in Travelers Companies were worth $524,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of TRV. First Command Advisory Services Inc. bought a new position in shares of Travelers Companies during the 3rd quarter valued at approximately $26,000. Arlington Trust Co LLC purchased a new position in Travelers Companies during the third quarter valued at approximately $27,000. AM Squared Ltd lifted its holdings in Travelers Companies by 100.0% during the third quarter. AM Squared Ltd now owns 200 shares of the insurance provider’s stock valued at $33,000 after purchasing an additional 100 shares in the last quarter. Valued Wealth Advisors LLC bought a new position in shares of Travelers Companies in the fourth quarter worth approximately $40,000. Finally, OLD Second National Bank of Aurora purchased a new stake in shares of Travelers Companies in the fourth quarter worth $41,000. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Insider Buying and Selling at Travelers Companies

In other news, Vice Chairman William H. Heyman sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, January 30th. The shares were sold at an average price of $213.54, for a total value of $533,850.00. Following the completion of the sale, the insider now owns 255,178 shares in the company, valued at approximately $54,490,710.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Travelers Companies news, Vice Chairman William H. Heyman sold 4,500 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $215.06, for a total value of $967,770.00. Following the transaction, the insider now owns 255,178 shares of the company’s stock, valued at approximately $54,878,580.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Vice Chairman William H. Heyman sold 2,500 shares of Travelers Companies stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $213.54, for a total value of $533,850.00. Following the sale, the insider now owns 255,178 shares of the company’s stock, valued at $54,490,710.12. The disclosure for this sale can be found here. Insiders have sold 80,734 shares of company stock worth $17,208,404 over the last quarter. Insiders own 1.33% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on TRV shares. Morgan Stanley lifted their target price on shares of Travelers Companies from $222.00 to $230.00 and gave the company an “equal weight” rating in a research note on Monday, April 15th. Roth Mkm reaffirmed a “buy” rating and issued a $240.00 price objective on shares of Travelers Companies in a research note on Thursday, April 18th. Evercore ISI decreased their target price on Travelers Companies from $253.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, April 18th. StockNews.com downgraded Travelers Companies from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, HSBC boosted their target price on shares of Travelers Companies from $218.00 to $240.00 and gave the stock a “hold” rating in a report on Thursday, April 4th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $223.47.

Travelers Companies Trading Down 0.3 %

TRV opened at $213.45 on Friday. The stock has a 50-day moving average of $221.50 and a 200 day moving average of $198.41. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.32. The Travelers Companies, Inc. has a 12 month low of $157.33 and a 12 month high of $232.75. The firm has a market cap of $48.88 billion, a P/E ratio of 15.86, a P/E/G ratio of 1.11 and a beta of 0.58.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.75 by ($0.06). The company had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $10.62 billion. Travelers Companies had a net margin of 7.32% and a return on equity of 13.94%. Travelers Companies’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same period in the previous year, the business earned $4.11 earnings per share. As a group, research analysts forecast that The Travelers Companies, Inc. will post 17.74 EPS for the current year.

Travelers Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 10th will be paid a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 1.97%. This is a positive change from Travelers Companies’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend is Friday, June 7th. Travelers Companies’s payout ratio is presently 29.72%.

Travelers Companies Profile

The Travelers Companies, Inc, through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.